TRANSPORTS HEUTS/RINCK: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TRANSPORTS HEUTS/RINCK
Largest movements
- Tangible fixed assets +€119,967
up €119,967 (+44.8%), from €267,711 to €387,679
of which Leasing and similar rights: +€145,000
- Cash -€28,174
down €28,174 (-68.2%), from €41,298 to €13,124
mainly Investment in fixed assets (net) (-€159,516) and Other debts (-€12,321)
- Debts after one year +€67,437
up €67,437 (+55.4%), from €121,732 to €189,170
- Trade debts +€36,068
up €36,068 (+50.0%), from €72,090 to €108,158
- Other debts -€12,321
down €12,321 (-8.4%), from €146,257 to €133,936
- Current portion of long-term debt +€8,488
up €8,488 (+13.5%), from €62,741 to €71,229
- Tax, wage and social debts -€6,333
down €6,333 (-28.0%), from €22,637 to €16,305
of which Taxes: -€10,371
- Gross operating margin -€107,533
down €107,533 (-21.0%), from €511,459 to €403,925
- Financial income +€34,708
up €34,708 (+47,017%), from €74 to €34,782
- Staff costs -€18,150
down €18,150 (-5.5%), from €327,382 to €309,232
- Other operating charges +€13,653
up €13,653 (+23.7%), from €57,689 to €71,343
- Taxes +€12,177
new in 2024: €12,177
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €490,556 | €581,260 | +€90,704 | +18.5% |
| Formation expenses | 20 | €965 | €702 | -€263 | -27.3% |
| Fixed assets | 21/28 | €267,711 | €387,679 | +€119,967 | +44.8% |
| Tangible fixed assets | 22/27 | €267,711 | €387,679 | +€119,967 | +44.8% |
| Land and buildings | 22 | €12,984 | €16,637 | +€3,653 | +28.1% |
| Plant, machinery and equipment | 23 | €4,259 | €4,219 | -€40 | -0.9% |
| Furniture and vehicles | 24 | €53,734 | €47,789 | -€5,946 | -11.1% |
| Leasing and similar rights | 25 | - | €145,000 | +€145,000 | |
| Other tangible fixed assets | 26 | €196,733 | €174,033 | -€22,700 | -11.5% |
| Current assets | 29/58 | €221,880 | €192,880 | -€29,000 | -13.1% |
| Amounts receivable within one year | 40/41 | €180,582 | €179,756 | -€826 | -0.5% |
| Trade receivables | 40 | €169,317 | €150,111 | -€19,207 | -11.3% |
| Other amounts receivable | 41 | €11,265 | €29,645 | +€18,381 | +163% |
| Cash at bank and in hand | 54/58 | €41,298 | €13,124 | -€28,174 | -68.2% |
| Total equity and liabilities | 10/49 | €490,556 | €581,260 | +€90,704 | +18.5% |
| Equity | 10/15 | €65,098 | €62,462 | -€2,636 | -4.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €60,098 | €57,462 | -€2,636 | -4.4% |
| Distributable reserves | 133 | €60,098 | €57,462 | -€2,636 | -4.4% |
| Amounts payable | 17/49 | €425,458 | €518,798 | +€93,340 | +21.9% |
| Amounts payable after more than one year | 17 | €121,732 | €189,170 | +€67,437 | +55.4% |
| Financial debts | 170/4 | €121,732 | €189,170 | +€67,437 | +55.4% |
| Amounts payable within one year | 42/48 | €303,726 | €329,628 | +€25,903 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €62,741 | €71,229 | +€8,488 | +13.5% |
| Trade debts | 44 | €72,090 | €108,158 | +€36,068 | +50.0% |
| Suppliers | 440/4 | €72,090 | €108,158 | +€36,068 | +50.0% |
| Taxes, remuneration and social security | 45 | €22,637 | €16,305 | -€6,333 | -28.0% |
| Taxes | 450/3 | €17,090 | €6,719 | -€10,371 | -60.7% |
| Remuneration and social security | 454/9 | €5,547 | €9,586 | +€4,038 | +72.8% |
| Other amounts payable | 47/48 | €146,257 | €133,936 | -€12,321 | -8.4% |
| Remuneration, social security and pensions | 62 | €327,382 | €309,232 | -€18,150 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,047 | €39,812 | -€10,235 | -20.5% |
| Other operating charges | 640/8 | €57,689 | €71,343 | +€13,653 | +23.7% |
| Non-recurring operating charges | 66A | - | €263 | +€263 | |
| Gross operating margin | 9900 | €511,459 | €403,925 | -€107,533 | -21.0% |
| Operating profit (loss) | 9901 | €76,340 | -€16,725 | -€93,065 | |
| Financial income | 75/76B | €74 | €34,782 | +€34,708 | +47,017% |
| Recurring financial income | 75 | €74 | €34,782 | +€34,708 | +47,017% |
| Financial charges | 65/66B | €16,316 | €8,515 | -€7,801 | -47.8% |
| Recurring financial charges | 65 | €13,066 | €8,515 | -€4,551 | -34.8% |
| Non-recurring financial charges | 66B | €3,250 | - | -€3,250 | |
| Profit (loss) for the period before taxes | 9903 | €60,098 | €9,542 | -€50,557 | -84.1% |
| Income taxes | 67/77 | - | €12,177 | +€12,177 | |
| Profit (loss) for the period | 9904 | €60,098 | -€2,636 | -€62,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,098 | -€2,636 | -€62,734 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.